April 2015
In this issue …
TRANSACTION SPOTLIGHT
Metropolitan Water District Leases Reveal Increasing Price for Reliable Water Supplies
MARKET INDICATORS
CBT Market Indicator: Prices Exceed $25,000/unit
JOW CORNER
California Steps toward Statewide Centralized Water System
Will DWR Reduce SWP Allocation in Response to California’s Worsening Hydrologic Conditions?
COLORADO RIVER BASIN
Phase 2 of San Diego/MWD Wheeling Case Commences
Colorado’s Southern Delivery System Reaches Major Milestone
ELSEWHERE IN THE SOUTHWEST
Montecito Water District Continues to Face Challenges in Its Effort to Meet Short-Term Water Needs
COMMENTARY & EDITORIALS
California Water Supplies Will Last But Crisis Remains
Environmental Leader Faults Environmentalists for Lack of Vigilant Opposition to Water Projects
BLOGS & COLUMNS
GENERAL INTEREST
WIFIA’s Bond Prohibition Blocks Water Project Financing